Petrofac has won work worth around $17million (£12.3m) for the Ithaca Energy Captain field, securing more than 40 jobs at the energy services firm.
Ithaca Energy sank to losses of £400million in 2020 but the firm is eyeing extra barrels from a pair of North Sea prospects.
Ithaca Energy is reducing the number of crew on one of its North Sea installations after a Covid-19 outbreak.
Ithaca Energy intends to create a “new infrastructure company” with an unspecified global investment company, the North Sea oil firm’s owner said yesterday.
Oil giant Chevron will forge ahead with a pioneering scheme on a North Sea field it is attempting to offload.
A decision will be made this week by the UK’s highest appeal court which could have a significant impact on health and safety offshore.
US oil major Chevron has published a video showing how polymer technology can breathe new life into its billion-barrel Captain field in the North Sea.
US oil major Chevron is pressing ahead with a ground-breaking project which will breathe new life into its billion-barrel Captain field in the North Sea.
US oil major Chevron will decide whether to go after increased production from the North Sea Captain field later this year.